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Bramble Company purchases equipment on January 1 , Year 1 , at a cost of $552,000. The asset is expected to have a service life

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Bramble Company purchases equipment on January 1 , Year 1 , at a cost of $552,000. The asset is expected to have a service life of 12 years and a salvage value of $49,680. (a) Compute the amount of depreciation for each of Years 1 through 3 using the straight-line depreciation method. (Round answers to 0 decimal places, e.g. 5,125.) Depreciation for Year 1 Depreciation for Year 2 Depreciation for Year 3 \$ Bramble Company purchases equipment on January 1 , Year 1 , at a cost of $552,000. The asset is expected to have a service life of 12 years and a salvage value of $49,680. (a) Compute the amount of depreciation for each of Years 1 through 3 using the straight-line depreciation method. (Round answers to 0 decimal places, e.g. 5,125.) Depreciation for Year 1 Depreciation for Year 2 Depreciation for Year 3 \$

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